Massachusetts Financial Services (aka MFS Investment Management) offers more than 50 mutual funds, as well as annuities, separately managed accounts, and retirement planning services for institutional and retail clients around the world. The company also performs global securities research. It distributes its products through independent advisors, brokerages, and other financial institutions. Subsidiary MFS Institutional Advisors manages equity and fixed-income assets for institutional investors such as pension plans, insurance companies, foundations, and investment firms. Majority-owned by Sun Life Financial, MFS has more than $230 billion in assets under management.
MFS has more than 15 offices around the globe, with headquarters in Boston and research and investment offices in Latin America, Europe, and Asia. The firm claims the oldest open-end mutual fund: Its Massachusetts Investors Trust dates back to the company's founding in 1924.
The company, like many of its peers, saw its assets under management shrink amid harsh economic conditions. However, those numbers showed significant signs of recovery as market conditions improved in 2010. – less
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